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After Pulling Billions, Former Pimco Investors May Not Be Better Off
FYI: When Bill Gross bolted Pimco in late September after months of mediocre performance in his Total Return Fund, clients including Wells Fargo & Co. WFC.N and Charles Schwab Corp SCHW.N pulled over $61 billion from the Newport Beach, California-based money manager. Where the money landed may be no better than where it left. Regards, Ted http://www.reuters.com/assets/print?aid=USKCN0JI1SZ20141205
